📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Carpetbagging

Hi there

This is my first post but, as a newly retired person, I suspect it will not be my last.

I need some advice on some BS accounts I opened years ago in the hope of getting free shares if the BS converted. My husband and I currently each hold an account in the following:

Alliance & Leicester
Bradford & Bingley
Nationwide
Northern Rock
Woolwich
Yorkshire

I've lost track of which ones have already converted and which haven't and, although we only have £150 each in each of the above accounts, I would really like to consolidate our savings and close the accounts that are no longer worth keeping open.

Can anyone confirm that Alliance & Leicester, Bradford & Bingley and Northern Rock are the ones to close and that we should only keep the Nationwide, Northern Rock and Yorkshire open.

:confused:
Never Underestimate the power of a purr!

Comments

  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Woolwich is part of Barclays. Alliance & Leicester, Northern Rock and Bradford & Bingley have also ceased to be mutuals. That leaves you with Nationwide and Yorkshire.

    Did you get the benefits of your carpet-bagging with the four? Did you keep your shares?
  • McFluff
    McFluff Posts: 12 Forumite
    Woolwich is part of Barclays. Alliance & Leicester, Northern Rock and Bradford & Bingley have also ceased to be mutuals. That leaves you with Nationwide and Yorkshire.

    Did you get the benefits of your carpet-bagging with the four? Did you keep your shares?


    Yes, we got shares from all of them but sold the A&L and Northern Rock, although I can't remember when or for how much. I know we bought a new car from the proceeds having to add only a small sum from our savings. We still have B&B and Barclay shares (which I'd forgotten came from the Woolwich). So, I'll hang on to Nationwide and Yorkshire and close the others.

    Thanks for the help.
    Never Underestimate the power of a purr!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.